EMCORE Corporation (EMKR)

[TASHI]

Excellent read, Warmy...

Insightful information on this company's financial distress and upcoming dilution...

"The bank has agreed to reset those covenants for later this year – albeit at the penalty of a higher interest rate, and a reduction in the available facility to $14 million from the original $25 million agreed last October."

And...

"We continue to pursue and evaluate a number of capital raising alternatives including debt or equity financing, joint-venture opportunities and the potential sale of certain assets,"...